Day Trading Stocks & Futures

closed all the positions at the right time on Friday as per the system.
time to build a watchlist and keep the powder ready.
most of the breakouts may fail now. stocks in a strong trend may pull back now, which may be the best bet when the NS short-term trend changes or shows signs of change.
 
Deep inverted yield curve US 10Y (3.022%) and US 2Y (3.331%) suggest almost certain recession in US.

Recession in US / Europe will hurt sentiment all over the world. Geo politics and supply chain concerns still looming we need to be cautious though such slowdown may help India as Crude price should soften further.

Time is to remain cautious and invest in fundamentally sound companies only.
 

Raj232

Well-Known Member
Revenue dept working on a mechanism to plug capital gains tax leakage

In past few years, cases of capital gains tax evasion through stock market transactions have been probed

Having observed variations in capital gains tax computation, the revenue department is working on a mechanism to analyse futures and options (F&O) trade data and pre-initial public offering (IPO) transactions.

https://www.business-standard.com/a...capital-gains-tax-leakage-122080101625_1.html
 
Deep inverted yield curve US 10Y (3.022%) and US 2Y (3.331%) suggest almost certain recession in US.

Recession in US / Europe will hurt sentiment all over the world. Geo politics and supply chain concerns still looming we need to be cautious though such slowdown may help India as Crude price should soften further.

Time is to remain cautious and invest in fundamentally sound companies only.

Sir, you seem to have a very good understanding of the market. Please share your trading views for well known shares in our market. Thank you.
 

Nish

Well-Known Member
A Posible Expiry Day Trade Pattern !

1) Around 1:30 to 2:30 PM, Try to find a Higher highs or lower Lows pattern in 5m chart. And if a BIG candle trying to break-out of Swing high or Low, then a 100 pts away Option strike may get doubled.
.. Since the option price may be just blow 20, hence a 5 pts SL is enough !

2) Though ITM/ATM option strike give better results, BUT those who just want to try LUCK with a minimum premium loss - if trade go wrong, THEN for such traders, In BN, 100 pts away stike is OK.
And in N 50 pts away strike is OK.

3) Personally AVOID Expiry Day Option Trading !

Repeated Practice Makes Man / Woman Perfect !

Just for STUDY PURPOSE !
 

Attachments

yday bought 100 shares of Suzlon to test one of the setups. and in 2 days it is giving +14% :D:D:D:D
 
Revenue dept working on a mechanism to plug capital gains tax leakage

In past few years, cases of capital gains tax evasion through stock market transactions have been probed

Having observed variations in capital gains tax computation, the revenue department is working on a mechanism to analyse futures and options (F&O) trade data and pre-initial public offering (IPO) transactions.

https://www.business-standard.com/a...capital-gains-tax-leakage-122080101625_1.html
Subscription article. Can someone please post a link for free article ?
 
Subscription article. Can someone please post a link for free article ?
refer this link, but dont know, whether this is full article or just an extension of what is posted in BS
https://www.cmie.com/kommon/bin/sr.php?kall=warticle&dt=20220802172020&msec=333
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Centre working on mechanism to remove anomalies in capital gains tax calculations

With an aim to plug capital gains tax leakage, the revenue department is working on a mechanism to analyse futures and options (F&O) trade data and pre-initial public offering (IPO) transactions, a government official told Business Standard. The department is identifying risk parameters such as fair market value, variation in margins and losses to process speculative trading data. In past few years, multiple cases of capital gains tax evasion through stock market transactions have been probed. Growing instances of reversal trades and booking fictitious profit and loss has triggered the move.
 
A Posible Expiry Day Trade Pattern !

1) Around 1:30 to 2:30 PM, Try to find a Higher highs or lower Lows pattern in 5m chart. And if a BIG candle trying to break-out of Swing high or Low, then a 100 pts away Option strike may get doubled.
.. Since the option price may be just blow 20, hence a 5 pts SL is enough !

2) Though ITM/ATM option strike give better results, BUT those who just want to try LUCK with a minimum premium loss - if trade go wrong, THEN for such traders, In BN, 100 pts away stike is OK.
And in N 50 pts away strike is OK.

3) Personally AVOID Expiry Day Option Trading !

Repeated Practice Makes Man / Woman Perfect !

Just for STUDY PURPOSE !

You have a brilliant way to find trades sir. Can we trade like this every week sir?
 

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